LLP (Limited Liability Partnership) can wind up through two ways either by court or volunteer. In section 29 of LLP Act 2017 mentioned that only two possible ways to quit partners from LLP. Section 31 of LLP describe the procedure…
In current income tax ordinance, 2001 witholding is the key factor to identify tax evaders and those indulge in tax evasions. Real Estate sector is still undocumented sector. There are billions of transactions occur every month whose records doesn’t exist…
As the word itself reflects that its the amount paid to the company against the subscribed shares either in form of cash or in bank deposit. This amount can be lesser then actual paid up capital amount because companies act…
Following person are only allowed to represent on behalf of taxpayer in any tax proceedings. (a) A relative of the taxpayer;(b) a current full-time employee of the taxpayer;(c) any officer of a scheduled bank with which the taxpayer maintains a…
Only the following persons are authorized to represent a taxpayer before the adjudicating authorityand Appellate Tribunal, namely:– (a) a person in the employment of the taxpayer working on a full- time basis and holding at least a bachelor’s degree in…
Who can present on tax payer behalf; here is the list of people who are eligible to represent tax payer in KPRA. Persons authorized to represent a tax The following persons maybe authorized by a taxpayer to represent him before…
There is list of people who are represent on behalf of tax payer in SRB Persons authorized to represent a taxpayer: A Tax Practitioner registered under Income tax rules, Sales tax rules, Customs Act, an advocate enrolled with Bar and…
Who can be authorized representative in Punjab Revenue Authority? Majority of people unaware about the law and don’t know to whom they should appoint to represent in PRA on their behalf. In PRA Sales Tax Rules defined categorized of people…
This year FBR open tax return for individuals, AOP and companies on 1st July 2021. And announced last date for filing for tax return is 30th September 2021 for individuals and Associations of Persons. Most probably, FBR will not extend…
Section 29 – De-registration (1) The Commissioner may de-register a registered person or such class of registered persons not required to be registered under this Act. (2) Where any person registered under this Act believes that he does not satisfy…
